A NEW PERSPECTIVE ON DIRECTOR BUSYNESS

@inproceedings{Liu2015ANP,
  title={A NEW PERSPECTIVE ON DIRECTOR BUSYNESS},
  author={Chang Liu and Donna L. Paul},
  year={2015}
}
type="main" xml:lang="en"> We provide a new perspective to the multiple directorships literature, which focuses on outside directors. Inside directors, however, are important in both the boardroom and day-to-day operations of the firm. We find that any negative effect of director busyness is more pervasive for inside directors than for outside directors. Additional analysis reveals that bidding firms' acquisition announcement returns are decreasing in inside director board appointments, but… CONTINUE READING